Crypto is roaring out of this downturn, with Rollblock (RBLK) and Ripple (XRP) racking up 20% gains. Analysts expect this bull market’s top altcoins to be in DeFi and GambleFi while small utility blockchains like Polkadot (DOT) are out. Rollblock’s GambleFi takeover, in particular, is now expected to see 100x growth in 2024.
XRP’s Legal Hopes Rise on Binance Case
The XRP price enjoyed another 20% lunge this week as hopes rose for a settlement between its parent company, Ripple, and the SEC. XRP’s price has been range-bound around the $0.50 anchor for years as a result of this lawsuit continuing to drag on.
XRP’s latest hope comes from the SEC dropping the issue of unregistered securities from its case against Binance. While XRP was not one of the tokens named in the lawsuit, investors see this retreat as the end of the unregistered securities issue for all tokens.
Native Solutions Push Polkadot’s Layer 1 Blockchain to Irrelevance
The Polkadot price fared better than most tokens this week, with only a 10% drop. However, Polkadot’s price is still down 20% this month and still negative for the year overall. At the time of writing, Polkadot was trading at $4.76.
Polkadot is joining a number of other small utility blockchains on the road to irrelevancy. Users are congregating in the top utility blockchains like Ethereum and Solana to take advantage of their massive ecosystems, and native solutions are making Layer 1 blockchains like Polkadot irrelevant.
GambleFi Is in With Rollblock as the Sector’s Top Token
Complex utility blockchains are out for this next bull market, and GambleFi is in. As the top altcoin in the GambleFi space, Rollblock is expected to rapidly take market share in the $450 billion global gambling industry.
Online gambling is a new frontier for crypto, and Rollblock is rapidly disrupting the industry by applying the latest blockchain technology.
Rollblock’s most significant innovation is its crypto gambling token which generates income through staking and enjoys a permanent deflationary trend through token burns. Rollblock buys its own token back from the market, using 30% of its own weekly revenue to fund these operations.
Rollblock players enjoy seamless access to more than 150 of the best games in the industry thanks to the elimination of annoying and expensive regulations and fees. Crypto gambling is fast, safe, and anonymous, and players can join in from anywhere in the world without KYC checks.
Rollblock brings the excitement and community of crypto to the old online casino model. Players enjoy Rollblock’s vibrant social media presence and regular events and giveaways. Rollblock’s latest event is a 1st-time deposit match of 100%, which has new players joining the casino at a record rate.
Rollblock’s rapid takeover of online gambling has it on course for 100x growth in 2024 alone. RBLK’s current price is $0.02 in the 5th stage of its presale, though with the round selling fast it’s not expected to stay here for long.
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Website: https://presale.rollblock.io/
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